Limited Liability Company (LLC) |
Representative Office (RO) |
Branch Office (BO) |
Joint-stock Company (JSC) |
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|---|---|---|---|---|
| Applicable | All investors | All members of WTO | All investors | All investors |
| Minimum Capital | Depending on the business activities | No requirements | No requirements | If trading on stock market, minimum 10 billion VND (~US$ 440,000), |
| Minimum Number of shareholders | ≥ 1 (individual or corporate) | Owned by head office | Owned by head office | ≥ 3 (individual or entity) |
| Limited Liability Protection | ||||
| Import- Export Activities | ||||
| Be a Shareholder of Another Entity | ||||
| Conversion to other entity type | ||||
| Corporate Income Tax | Depending on the business industries | No business activities that yield profit | Depending on the business industries | Depending on the business industries |
| Benefits |
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If you’re planning to start a company in Vietnam, you’ll have four options: LLC, RO (Representative Office), BO (Branch Office), and JSC (Joint Stock Company). Opening a foreign company in Vietnam involves different requirements and procedures, which typically takes between one and three months.
To set up a company in Vietnam, you’ll need a business location. Besides using your own address or leasing office space (with restrictions), consider these options:
Once you’ve chosen how and where to set up your business, follow these essential steps for your Vietnam company registration:
A local nominee company is a business established by a local representative (custodian) of a foreign investor or business. Together, the two parties sign a custodian agreement, enabling the representative to manage securities and assets on behalf of the foreign entity. This approach simplifies starting a business in Vietnam and involves a company formation lawyer or consultant who ensures compliance with local regulations.
Tell us about your company’s needs and aspirations for business in Vietnam.
Go over your plan with one of our bilingual business consultants who specialize in business license in Vietnam.
Our consultants will contact you to process the necessary paperwork and create your company dossier.
Let us simplify your business journey and make your mark in APAC’s fastest-growing economy.
Yes, foreign investors looking to register a company in Vietnam can establish a foreign-owned company here. The most common type is an LLC (Limited Liability Company), known for its straightforward structure and quick setup process for Vietnam company registration. Depending on your business type, specific regulations apply.
You can open a new company in Vietnam as one of four entities: Limited Liability Company (LLC), Joint-stock Company (JSC), Branch Office and Representative Office.
While Vietnamese law does not specify a minimum capital requirement, having around 25-30,000 USD is typically advised to ensure smooth incorporation and business operations.
Yes. The Vietnamese law enables foreigners to open 100% foreign-owned companies in most business sectors. There are a few business sectors that you are restricted from, namely the following:
Yes, there are several options suitable for investors who wish to open a foreign company in Vietnam and expand without forming a legal entity.
Setting up an LLC or JSC in Vietnam typically takes 40-60 days. To expedite the process, consider purchasing a shelf company from InCorp for a quicker operational start-up. This method allows InCorp to open a new company in Vietnam and transfer the management control to you within a few working days.
Both options offer quick incorporation and entry into the Vietnamese market. A local nominee company involves a partnership agreement with a trustworthy local partner, while a shelf company allows immediate business operations without the typical setup process.
Choosing a reliable local partner for your company is key to success in the country while reducing potential risks. InCorp offers local nominee services without any intervention in your business processes. We also allow our partners to terminate the contract sooner than its expiration date.
Yes, InCorp Group extends its market entry and corporate services across 8 APAC countries. Whether you’re entering Singapore, Australia, Hong Kong, India, Indonesia, Malaysia, the Philippines, or Vietnam, we help entrepreneurs expand their business horizons by opening representative offices in Vietnam.
